Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
The Tariff Lag Effect: Why MCX Prices are Still Below
The week ending May 22 was the digestion week. After the policy shock of the previous week (the steepest gold import duty hike on record, a record-low rupee, and a tightening of the Advance Authorisation scheme), price action paused. MCX gold gained just 0.1%, silver was essentially flat. COMEX gold and silver both declined modestly, by 0.8% and 1.7% respectively. The week’s headline numbers reveal almost nothing about what is actually happening in the Indian gold market right now. The
The Tariff Lag Effect: Why MCX Prices are Still Below
The week ending May 22 was the digestion week. After the policy shock of the previous week (the steepest gold import duty hike on record, a record-low rupee, and a tightening of the Advance Authorisation scheme), price action paused. MCX gold gained just 0.1%, silver was essentially flat. COMEX gold and silver both declined modestly, by 0.8% and 1.7% respectively. The week’s headline numbers reveal almost nothing about what is actually happening in the Indian gold market right now. The
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Covid-19 Boosts Demand For Gold Loans in India: WGC
Mumbai: Households and small businesses in India have preferred to pledge gold as collateral to meet financing needs rather than selling it outright during the Covid pandemic, the World Gold Council (WGC) said in a market update titled ‘Gold loans help India weather the Covid-19 storm’. Demand for gold loans, both through banks and non-banking financial companies (NBFCs), has grown
De Beers Report Explores Opportunity in New Normal
Mumbai: De Beers Group yesterday released its 2020 Diamond Insight Report, collating key findings from the company’s consumer research undertaken during the Covid-19 pandemic and highlighting new and accelerated trends as consumers adapt to a new normal. Based on the outcomes of monthly sentiment surveys with US consumers from March to August, three clear findings emerged: consumers are adapting to the new
2nd VBSM For Coloured Gemstones Inaugurated
Mumbai: Encouraged by the previous three Virtual Buyer Seller Meet (VBSM) on diamonds, gold jewellery and emeralds, which were hugely successful, the Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the fourth Virtual Buyer-Seller Meet (VBSM) for Coloured Gemstones (other than emeralds) on 9th November, 2020. A total of 10 exhibitors, eight from Jaipur and two from Delhi, are participating
International Jewellery & Diamond Conference
Antwerp: The International Jewellery & Diamond Conference 2020 – Guangzhou was jointly organized by Guangzhou Diamond Exchange and Guangdong Gems & Jade Exchange under the guidance of Panyu District People’s Government, Gems & Jewelry Trade Association of China, China Gold Association, and Guangdong Exchange Holding Group, with support from Shanghai Diamond Exchange and Jewellery Industry Alliance of the Guangdong-Hong Kong-Macao
Covid-19 Boosts Demand For Gold Loans in India: WGC
Mumbai: Households and small businesses in India have preferred to pledge gold as collateral to meet financing needs rather than selling it outright during the Covid pandemic, the World Gold Council (WGC) said in a market update titled ‘Gold loans help India weather the Covid-19 storm’. Demand for gold loans, both through banks and non-banking financial companies (NBFCs), has grown
De Beers Report Explores Opportunity in New Normal
Mumbai: De Beers Group yesterday released its 2020 Diamond Insight Report, collating key findings from the company’s consumer research undertaken during the Covid-19 pandemic and highlighting new and accelerated trends as consumers adapt to a new normal. Based on the outcomes of monthly sentiment surveys with US consumers from March to August, three clear findings emerged: consumers are adapting to the new
2nd VBSM For Coloured Gemstones Inaugurated
Mumbai: Encouraged by the previous three Virtual Buyer Seller Meet (VBSM) on diamonds, gold jewellery and emeralds, which were hugely successful, the Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the fourth Virtual Buyer-Seller Meet (VBSM) for Coloured Gemstones (other than emeralds) on 9th November, 2020. A total of 10 exhibitors, eight from Jaipur and two from Delhi, are participating
International Jewellery & Diamond Conference
Antwerp: The International Jewellery & Diamond Conference 2020 – Guangzhou was jointly organized by Guangzhou Diamond Exchange and Guangdong Gems & Jade Exchange under the guidance of Panyu District People’s Government, Gems & Jewelry Trade Association of China, China Gold Association, and Guangdong Exchange Holding Group, with support from Shanghai Diamond Exchange and Jewellery Industry Alliance of the Guangdong-Hong Kong-Macao
